fixed price auction function

  • Bounce decentralizes auction platform with ERC1155

    On March 15th, the decentralized auction platform Bounce announced that it would introduce ERC1155 to provide the fixed price auction function of NFT. This new function will be provided in the NFT auction pool section of Bounce V3. The ERC1155 NFT can represent multiple tokens in a single smart contract, making it more flexible and cost-effective in terms of gas fees. With Bounce’s fixed price auction function, buyers and sellers can reach an agreement on the fixed price of the auctioned NFT. During the auction process, participants can bid or withdraw their bids at any time. Currently, the development of this feature has undergone final testing and is currently resolving errors. The decentralized auction platform Bounce will introduce ERC1155 to provide NFT fixed price auction functionality Analysis based on this information:Bounce, a decentralized auction platform, has announced that it will introduce ERC1155 to provide a fixed price auction function for NFTs. The new function will be made available in the…

    03/15/2023
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